Despite hardship, CBN raises Nigeria Customs Duty …C0NTINUE READING HERE >>>
Despite the hardship ravaging Nigeria , the Central Bank of Nigeria (CBN) has adjusted the Customs duty exchange rate for clearing goods at the nation’s ports to N1,658.87 per dollar.
This change, effective Monday, November 18, reflects a 0.37% increase from the previous week’s rate of N1,652.63 per dollar, impacting importers filing Form M applications.
Customs duty, which is the tax levied on imported goods, is paid through commercial banks to the Nigeria Customs Service on…
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